The record
Written from the 1 report below. Nothing here is unsourced.
- The Belake Rural Agricultural Cooperative Society will open its fifth branch in Mankuli, Bhatkal town, on September 18 at 10.30 am.
- The society, in its 74th year, already runs branches at its main office, Sarpanakatte, Shirur and Murudeshwar.
- As of March 31, the society had 8,677 shareholder members and posted a net profit of ₹127.10 lakh, with deposits of ₹8,951.47 lakh and loans disbursed of ₹7,228.87 lakh.
- The new branch is being started because the society's business is expanding to the town, and it will operate from the Prateeksha building near the highway in Mankuli.
- The opening matters because town residents and traders will gain local access to the society's crop, business, gold, vehicle and fishing loans.
What to watch next
- Whether members and customers respond to the society's appeal to support the new Mankuli branch
- Growth of the society's business in Bhatkal town after the branch opens
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Named India · Bhatkal · Mankuli · Annappa Nayaka · Belake Rural Agricultural Cooperative Society · Madeva G Nayaka · Pandu G Nayaka
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